| TME latest price $15.0800 (-1.24%) ($14.2000 - $15.3800) on Mon. Jan. 28, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 71 |
Latest Price | $15.0800(-1.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.9% a day on average for past five trading days. |
Weekly Trend | TME advances 9.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(71%) MCHI(61%) FXI(59%) ONLN(51%) IBUY(48%) |
Factors Impacting TME price | TME will decline at least -1.965% in a week (0% probabilities). VXX(-14%) UUP(-8%) TLT(-8%) TIP(-5%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.965% (StdDev 3.93%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
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